I want to know if agency import and export needs to be declared. I've found an agency company to help me with the import and export business, but I don't know the process in this regard. If it needs to be declared, what exactly should be declared? What will be the consequences if not declared? I hope you can explain it in detail. Thank you.
Our company intends to find an agent to conduct import and export business. We are not clear whether the customs declaration and reporting should be the responsibility of the entrusting party or the agent. We are asking about relevant special regulations and precautions. The best answer states that generally, when it is in the name of the entrusting party and within the scope of entrustment, the entrusting party is responsible; when it is in the name of the agent itself, the agent is responsible. The two parties can also stipulate in the contract, and both should ensure that the declaration is true and accurate, prepare the documents in advance, and understand the process and the definition of responsibilities before conducting the business.
Our company is based in Nanjing and has import/export business needs. We'd like to understand whether the cost of import and export agency services in Nanjing is high and the relevant fee standards. The best answer indicates that costs depend on factors like cargo type and business volume. Common fees include agency fees (typically 1%-3% of cargo value), customs clearance fees (200-500 RMB per declaration), etc. Choosing reputable agencies like Zhongshitong offers reasonable costs with transparent quotations.
Our company has import and export business needs and wants to find a reliable, cost-effective agency that can provide one-stop services. The best answer suggests considering factors such as qualifications, reputation, service comprehensiveness, and price comparison. For example, Zhongshitong has complete qualifications, a good reputation, a professional team, and transparent pricing, and can also customize service plans to maximize cost-effectiveness.
As the company has demands for import and export business, it wants to understand the charging situation of import and export agency companies, and inquire about the charging amount and charging method. The best answer states that there is no unified standard for charging. Commonly, it is charged according to the proportion of the cargo value (0.5% - 5%), by the number of votes (1000 - 5000 yuan per vote), or by a combination of basic service fees and profit sharing. Zhongshitong will formulate a reasonable and transparent plan based on the actual situation.
I'm interested in the import and export agency business, but I don't know where to start. I want to know how to carry out the business, the required conditions, skills and precautions. The best answer points out that to carry out this business, it is necessary to form a professional team, expand customer resources, be familiar with the service process, establish good cooperation with all parties, and control risks, covering various key points from team building to business process and risk response.
The company has import and export business and incurs an agency fee. It's uncertain which accounting subject to record it in. Some say it should be recorded in selling expenses, while others say it should be recorded in cost. The best answer states that if it is closely related to sales, it should be recorded in selling expenses; if it is for obtaining imported goods and can be attributed to the procurement cost, it should be recorded in inventory cost; if it is related to daily operations but difficult to clearly attribute, it should be recorded in administrative expenses. Judgment should be made based on the nature of the expense and the substance of the business.
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Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Agency import and export does need to be declared. This is an important part of customs supervision, aiming to ensure the legal entry and exit of goods, accurately count trade data, and implement relevant trade policies.
The declaration content usually includes basic information of the goods, such as commodity name, specification model, quantity, weight, value, etc., and relevant documents related to the goods need to be provided, such as commercial invoices, packing lists, bills of lading, etc. Different goods may have special declaration requirements. For example, if it involves animal and plant products, a quarantine certificate may be required.
If not declared, it is an illegal act. The customs will temporarily detain the undeclared goods. Depending on the severity of the circumstances, fines will be imposed on the agency and the principal. In serious cases, criminal liability may be faced. In addition, it will also affect the enterprise's reputation, reduce its credit rating with the customs, and subsequent import and export businesses may encounter more supervision and restrictions. Therefore, it is necessary to attach great importance to the declaration work of agency import and export.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Definitely need to declare. Otherwise, how can the goods legally enter and exit the customs territory? Declaration is to report the situation of the goods to the customs for the convenience of customs management.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The declaration of agency import and export is very important. Without declaration, the goods are like "unregistered residents" and cannot circulate normally, which will also bring big troubles to the enterprise.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The main thing in declaration is to truthfully tell the customs the information of the goods, so that the customs can clearly know what kind of goods they are, where they come from, where they are going, and how much they are worth.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Not declaring definitely won't work. Once discovered by the customs, not only will the goods be seized, but also fines will be imposed. It will also be difficult for the enterprise to handle affairs with the customs in the future.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
For declaration, various documents and information must be prepared as required and submitted accurately and completely, so that the import and export process can go smoothly.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The declaration of agency import and export is a necessary procedure and the key to ensuring trade order. Don't think about taking shortcuts by not declaring.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Not declaring is a violation of regulations. The enterprise's credit will be damaged, and it will be difficult to gain a foothold in the industry in the future. Be sure to declare as required.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Declaration is related to the compliance of import and export. It can't be taken lightly. Only by treating it seriously can a series of subsequent problems be avoided.